Overview
Description
NiSource Inc. is a prominent energy holding company primarily focused on the distribution and transmission of natural gas and electricity. The company operates through regulated utility subsidiaries, offering essential energy services to millions of customers across seven U.S. states, including Indiana, Kentucky, Maryland, Massachusetts, Ohio, Pennsylvania, and Virginia. NiSource engages in two major business segments: Gas Distribution Operations and Electric Operations.
The Gas Distribution segment is responsible for the safe delivery of natural gas to residential, commercial, and industrial customers, playing a critical role in heating and powering homes and businesses. The Electric Operations segment involves the generation, transmission, and distribution of electricity, supporting vital infrastructure and fostering regional economic development.
NiSource's strategic initiatives emphasize enhancing customer service, ensuring safety, and advancing environmental sustainability. As a key player in the utility industry, NiSource contributes significantly to the energy market, impacting sectors related to energy production, infrastructure, and environmental initiatives. The company's regulated business model aims to provide stable returns while pursuing growth opportunities in expanding its service offerings and improving energy efficiency.
About
CEO
Mr. Lloyd M. Yates
Employees
7687
Address
801 East 86th Avenue
Merrillville, 46410, IN
United States
Merrillville, 46410, IN
United States
Phone
877 647 5990
Website
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Regulated Gas
Country
United States
MIC code
XNYS